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UK firms report weakest growth since April 2013: CBI

From reuters.com

British businesses reported their weakest growth in nearly six years during the past three months due to fears of a no-deal Brexit and rising global trade barriers, the Confederation of British Industry said on Sunday. The CBI’s index of private-sector activity over the past three months dropped to -3 in February from zero in January. This was its lowest since April 2013, when Britain was still recovering from the global financial crisis. Firms expected similar weakness in the three months ahead, when Britain is due to leave the European Union after over 40 years of membership. Prime Minister Theresa May has yet to ... (full story)

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